It is with great excitement that we announce, effective Oct 20th, Columbia River Partners (CRP) private investment firm acquired the SGS Automotive centric testing laboratories (Vehicles – Powertrains – Components – Systems & Software) located in Michigan, Indiana, and Colorado.
Facilities, employees, and services remain unchanged; it is very much business as usual. There is a great desire to grow the business by building on the strengths of the current team and suite of capabilities to accelerate our ambitions of becoming a higher value technology and execution partner for your current and future testing needs.
Columbia River Partners (CRP) invests in tech enabled B2B services, especially the “Picks and Shovels” of technology. CRP investment types include corporate divestitures, recapitalizations, carve-outs, and other complex situations in the lower middle market.
CRP is enthusiastic about investing in people and embrace the disarming of complexity to become an integral partner while generating sustainable growth.
Colin Speedie was Senior VP of operations for the business under SGS and is delighted to continue leading this new chapter as CEO of the soon to be rebranded, TRP Laboratories.
We appreciate your business and will ensure there is no drop in service levels as we work through this transitional period, with the goal of having more robust services to bring to you in the future. I welcome you to connect with me to discuss the transition and our future state together.